SOS Ltd. Announces Receipt of NYSE Non-compliance Letter Regarding Class A Ordinary Shares Trading Price
SOS faces a six-month NYSE cure period to lift its Class A share price back above the $1.00 minimum and avoid potential delisting.
Rhea-AI Summary
SOS (SOS) received a NYSE non-compliance notice dated August 7, 2026 because the average closing price of its Class A ordinary shares was below $1.00 over a consecutive 30 trading-day period.
SOS has a six-month cure period to restore its share price and average price to at least $1.00, or the NYSE may begin suspension and delisting procedures. The notice does not immediately affect the shares’ listing, which continue to trade subject to other NYSE requirements.
Positive
- No immediate delisting: Ordinary Shares remain listed and traded on the NYSE during the cure period, subject to compliance with other listing requirements.
- Six-month cure window: SOS has six months from the August 7, 2026 notification to bring its closing and average share price back to at least $1.00.
Negative
- Non-compliance with NYSE price rule: SOS’s average closing price fell below $1.00 over a consecutive 30 trading-day period, triggering the NYSE notice.
- Delisting risk: If by the end of the six-month cure period SOS does not achieve both a $1.00 closing price and $1.00 30-day average, NYSE will start suspension and delisting procedures.
News Explained
The NYSE deficiency remains a cure-period issue, not an immediate delisting: SOS Limited can regain compliance at a month-end only if both the closing price and trailing 30-trading-day average are at least
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 15 | Earnings report | Negative | +0.9% | Revenue declined and losses widened, yet shares rose 0.91% over 24 hours. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
The available prior event produced a positive 0.91% 24-hour reaction despite reported revenue and loss deterioration.
Key Terms
consolidated tape financial
cure period regulatory
delisting procedures regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Qingdao, China, Sept. 04, 2026 (GLOBE NEWSWIRE) -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), today announced the Company has received a letter from the New York Stock Exchange (the "NYSE") dated August 7, 2026, notifying SOS that it is below compliance standards due to the trading price of SOS's Class A ordinary shares (the "Ordinary Shares").
Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than
The notice has no immediate impact on the listing of the Company's Ordinary Shares, which will continue to be listed and traded on the NYSE during the cure period subject to continued compliance with the other listing requirements of the NYSE.
About SOS Limited
SOS is an emerging blockchain-based and big data-driven marketing solution provider. SOS is also engaged in blockchain and cryptocurrency operations, which currently include cryptocurrency mining and may expand into cryptocurrency security and insurance in the future. Since April 2021, we launched commodity trading via our subsidiary SOS International Trading Co. Ltd and Weigou International Trading Co Ltd. Major trading commodity includes mineral resin, soy bean, wheat, sesame, liquid sulfur, petrol coke and latex etc. For more information, please visit: http://www.sosyun.com/.
Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Federal Securities Act, including but not limited to our expectations of future financial performance, business strategy or business. These statements constitute forecasts, prospects and forward-looking statements and are not performance guarantees. SOS warns that forward-looking statements are subject to many assumptions, risks and uncertainties that will change over time. Forward looking statements may be identified by words such as "may", "can", "should", "will", "estimate", "plan", "project", "forecast", "intend", "expect", "predict", "believe", "seek", "target", "Outlook" or similar words. Specifically, forward-looking statements may include statements related to the following matters of the company:
- Ability to implement its business plan;
- Changes in SOS product and service market; and
- Expansion plans and opportunities.
These forward-looking statements are based on information available as of the date of this press release and our management's current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements.
These risks and uncertainties include, but not are limited to, the risk factors described by SOS in its filings with the Securities and Exchange Commission ("SEC"). These risk factors and those identified elsewhere in this press release, among others, could cause actual results to differ materially from historical performance and include, but are not limited to:
- Local government's policies and regulatory oversight of crypto currency mining operation and our other operations;
- SOS's blockchain and supercomputing, commodity trading and marketing solutions businesses are still under development, with many uncertainties in the future direction and integration of these various business segments;
- Failure to manage the newly launched commodities trading business effectively;
- Loss of key customers in the commodity trading business;
- failure to access a large quantity of power at reasonable costs could significantly increase SOS operating expenses and adversely affect our demand for SOS's mining activities;
- any significant or prolonged failure in the data warehouse facilities and data mining facilities that SOS operates or services it provides, including events beyond its control, would lead to significant costs and disruptions and would reduce the attractiveness of its facilities, harm its business reputation and have a material adverse effect on its results of operation;
- security breaches or alleged security breaches of our data warehouses could disrupt SOS operations and have a material adverse effect on its business, financial condition and results of operation; uncertainty in global supply chain and international shipping;
- fluctuation in the crypto currency price; and
- other risks and uncertainties indicated in SOS's SEC reports or documents filed or to be filed with the SEC by SOS.
Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and you should not place undue reliance on these forward-looking statements in deciding whether to invest in our securities. We do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Contact:
Investor Relations
ir@sosyun.com
SOURCE - SOS Limited
